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CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (DEFICIT) (USD $)
Nonvoting Convertible Stock [Member]
Common Stock [Member]
Additional Paid-In Capital [Member]
Accumulated Distributions In Excess Of Net Income [Member]
Net Income [Member]
Noncontrolling Interest [Member]
Total
Balance at Dec. 31, 2010 $ 10 $ 6,776 $ 4,586,644 $ (232,994) $ (2,745,791) $ 0 $ 1,614,645
Balance (in shares) at Dec. 31, 2010 1,000 677,618          
Issuance of restricted stock, net 0 75 68,050 0 0 0 68,125
Issuance of restricted stock, net (in shares) 0 7,500          
Issuance of common stock, net 0 4,352 3,033,185 0 0 0 3,037,537
Issuance of common stock, net (in shares) 0 435,575          
Redemptions of common stock 0 (63) 63 0 0 0 0
Redemptions of common stock (in shares) 0 (6,725)          
Transfers to redeemable common stock 0 0 (212,767) 0 0 0 (212,767)
Distributions declared 0 0 0 (577,094) 0 0 (577,094)
Net income (loss) 0 0 0 0 (4,315,331) 0 (4,315,331)
Balance at Dec. 31, 2011 10 11,140 7,475,175 (810,088) (7,061,122) 0 (384,885)
Balance (in shares) at Dec. 31, 2011 1,000 1,113,968          
Issuance of restricted stock, net 0 75 44,925 0 0 0 45,000
Issuance of restricted stock, net (in shares) 0 7,500          
Issuance of common stock, net 0 9,337 7,623,711 0 0 0 7,633,048
Issuance of common stock, net (in shares) 0 935,691          
Redemptions of common stock 0 (272) 272 0 0 0 0
Redemptions of common stock (in shares) 0 (29,125)          
Transfers to redeemable common stock 0 0 (312,407) 0 0 0 (312,407)
Distributions declared 0 0 0 (817,512) 0 0 (817,512)
Distributions to noncontrolling interests 0 0 0 0 0 (115,748) (115,748)
Noncontrolling interests upon acquisition 0 0 0 0 0 10,444,392 10,444,392
Net income (loss) 0 0 0 0 3,737,066 (447,470) 3,289,596
Balance at Sep. 30, 2012 $ 10 $ 20,280 $ 14,831,676 $ (1,627,600) $ (3,324,056) $ 9,881,174 $ 19,781,484
Balance (in shares) at Sep. 30, 2012 1,000 2,028,034